Here is a quick look at Bitcoin Cash -4.00% ( BCCBTC -2.91% ).
We have slowly increasing volume , over the long term and decreasing price.
BCCBTC -2.91% price touches strong support (yellow rectangle ) and bounces with increasing volume .
Really strong bullish divergence on the MACD .
RSI bouncing out of oversold.
Early signals of formation of a bottom.
Bitcoin Cash -4.00% is asking for a wave up. If the cryptocurrency market continues printing more green volume , you can expect Bitcoin Cash -4.00% to move up big.
Bitcoin Cash -4.00% , like XRP, ETH and other big altcoins, goes long and strong when it starts to move. So when you see Bitcoin Cash -4.00% move up, know that it will do so for long.
I hope you enjoyed this analysis... My thanks to you always for reading.
Your support is highly appreciated.
Namaste.
